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Global Smartphone Market to Grow 1 Percent in 2025, Despite Challenging Economy, Soft Demand: IDC
IDC projects global smartphone shipments to rise 1 percent in 2025 to 1.24 billion units, driven by iOS growth and replacement demand, with a 1.5 percent compound annual growth rate through 2029. Despite weak demand in China, growth in the US, the Middle East, and Africa will offset declines. Vendors are reportedly prioritising value creation with ...
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Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
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Apple Loses $113 Billion In Market Value As Regulators Close In
Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance.
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Arm Secures $54.5 Billion Valuation in Year's Biggest IPO With Apple, Nvidia, Samsung as Investors
Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).
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Huawei's Smartphone Business Recovering, Says Head of Consumer Business
Huawei Technologies' handset business is "on the road to a comeback" the head of the company's consumer business Richard Yu said in his keynote at the company's annual developer conference in the southern city of Dongguan on Friday. Huawei's share of the domestic smartphone market share grew by 76.1 percent in the second quarter, and took second sp...
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Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech
A number of US big tech companies fell on Wednesday as Microsoft's results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology. Microsoft's shares fell 3.6 percent in early trading as the company laid out an aggressive AI-related spending pla...
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Apple's Market Capitalisation Reaches $3 Trillion as Company Explores VR Sector
Apple's market capitalization on Friday breached the $3 trillion (nearly Rs. 2,46,09,660 crore) mark for the first time since January last year, as investors bet on the iPhone maker's ability to grow its revenue even as it explores new markets such as virtual reality. Shares of Apple, which is also the world's most valuable- listed company, were up...
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Motorola Becomes Third-Largest Smartphone Brand in the US for the First Time: Counterpoint Research
Motorola has emerged as the third-largest smartphone (original equipment manufacturer) in the US, according to Counterpoint Research’s Market Pulse Service report. The Lenovo-owned smartphone brand also secured the second position in the US smartphone space for handsets priced at $400 (roughly Rs. 30,300) and below. Apple dominates the list by ho...
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Big Tech Critic Lina Khan Sworn in as US Federal Trade Commission Chair
Lina Khan, an antitrust researcher focused on Big Tech's immense market power, was sworn in as chair of the US Federal Trade Commission, a victory for progressives seeking a clampdown on tech firms who hold a hefty share of a growing sector of the economy.
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Apple Supplier Dialog Semiconductor Said to Be in Talks With Renesas Over $6-Billlion Buying Deal
Japan's Renesas said it is in talks to buy British-based Dialog Semiconductor in a deal that would bolster its automotive chip business and value the Apple supplier at around $6 billion (roughly Rs. 44 crores).
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Global Smartphone Market to Grow 1 Percent in 2025, Despite Challenging Economy, Soft Demand: IDC
IDC projects global smartphone shipments to rise 1 percent in 2025 to 1.24 billion units, driven by iOS growth and replacement demand, with a 1.5 percent compound annual growth rate through 2029. Despite weak demand in China, growth in the US, the Middle East, and Africa will offset declines. Vendors are reportedly prioritising value creation with ...
-
Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
-
Apple Loses $113 Billion In Market Value As Regulators Close In
Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance.
-
Arm Secures $54.5 Billion Valuation in Year's Biggest IPO With Apple, Nvidia, Samsung as Investors
Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).
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Huawei's Smartphone Business Recovering, Says Head of Consumer Business
Huawei Technologies' handset business is "on the road to a comeback" the head of the company's consumer business Richard Yu said in his keynote at the company's annual developer conference in the southern city of Dongguan on Friday. Huawei's share of the domestic smartphone market share grew by 76.1 percent in the second quarter, and took second sp...
-
Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech
A number of US big tech companies fell on Wednesday as Microsoft's results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology. Microsoft's shares fell 3.6 percent in early trading as the company laid out an aggressive AI-related spending pla...
-
Apple's Market Capitalisation Reaches $3 Trillion as Company Explores VR Sector
Apple's market capitalization on Friday breached the $3 trillion (nearly Rs. 2,46,09,660 crore) mark for the first time since January last year, as investors bet on the iPhone maker's ability to grow its revenue even as it explores new markets such as virtual reality. Shares of Apple, which is also the world's most valuable- listed company, were up...
-
Motorola Becomes Third-Largest Smartphone Brand in the US for the First Time: Counterpoint Research
Motorola has emerged as the third-largest smartphone (original equipment manufacturer) in the US, according to Counterpoint Research’s Market Pulse Service report. The Lenovo-owned smartphone brand also secured the second position in the US smartphone space for handsets priced at $400 (roughly Rs. 30,300) and below. Apple dominates the list by ho...
-
Big Tech Critic Lina Khan Sworn in as US Federal Trade Commission Chair
Lina Khan, an antitrust researcher focused on Big Tech's immense market power, was sworn in as chair of the US Federal Trade Commission, a victory for progressives seeking a clampdown on tech firms who hold a hefty share of a growing sector of the economy.
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Apple Supplier Dialog Semiconductor Said to Be in Talks With Renesas Over $6-Billlion Buying Deal
Japan's Renesas said it is in talks to buy British-based Dialog Semiconductor in a deal that would bolster its automotive chip business and value the Apple supplier at around $6 billion (roughly Rs. 44 crores).
